Missouri § 353.100 - When corporation may pay interest on its income debentures or dividends on its stock.
Full text of Missouri Revised Statutes of Missouri § 353.100 — When corporation may pay interest on its income debentures or dividends on its stock., with citation guidance and answers to common questions.
§ 353.100. When corporation may pay interest on its income debentures or dividends on its stock.
No urban redevelopment corporation shall pay any interest on its income debentures or dividends on its stock during any dividend year unless there shall exist at the time of such payment no default under any amortization requirements with respect to its indebtedness, nor unless all accrued interest, taxes and other public charges shall have been duly paid or reserves set up for the payment thereof, and adequate reserves provided for depreciation, obsolescence and other proper reserves.
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(L. 1945 p. 1242 § 9)
---- end of effective 28 Aug 1945 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 353.100
What does Revised Statutes of Missouri § 353.100 cover?
Section 353.100 ("When corporation may pay interest on its income debentures or dividends on its stock.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 353.100?
A common citation format is "Revised Statutes of Missouri § 353.100" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 353.100 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.